StyleSeat co-founder and CEO Melody McCloskey talks about the growth of her company, as well as the lack of women in Silicon Valley boardrooms. StyleSeat allows users to find spas and salons and book appointments, while also allowing those businesses to grow.
McCloskey says the StyleSeat platform empowers beauty professionals, which in turn means it empowers women since 75% of workers in the industry are female. The CEO says fundraising was very hard in the beginning since it was nothing VCs had ever seen before.
McCloskey addresses the accusations of sexism and harassment surrounding Uber CEO Travis Kalanick, who was an early investor in StyleSeat. McCloskey explains all of her interactions with Kalanick have been "very supportive." McCloskey can't talk about revenue goals but says StyleSeat has been profitable for a while now.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market.
The federal government will “not hesitate to crack down” on harmful business practices involving artificial intelligence, the head of the Federal Trade Commission warned Tuesday.
